| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 54th | Fair |
| Demographics | 47th | Good |
| Amenities | 57th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4101 Brittany St, Bakersfield, CA, 93312, US |
| Region / Metro | Bakersfield |
| Year of Construction | 1992 |
| Units | 72 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4101 Brittany St Bakersfield Multifamily Investment
Suburban Bakersfield location with competitive amenity access and neighborhood occupancy near 90% supports steady renter demand, according to WDSuite’s CRE market data.
Situated in a suburban pocket of Bakersfield, the neighborhood rates A and is competitive among Bakersfield neighborhoods (ranked 29 of 247). Amenity access is a relative strength: restaurants and cafes rank well within the metro (both in the competitive tier), with grocery and pharmacy options also accessible. Parks and formal childcare options are limited within the immediate neighborhood, which may modestly reduce family-focused amenity appeal compared with top-tier suburban peers.
Neighborhood occupancy is around 90%, indicating generally stable renter demand in the area, based on CRE market data from WDSuite. Median household incomes sit in a higher national bracket (top quintile nationally), which helps support rent levels and reduces near-term affordability pressure. The median rent level trends in the above-median range for the metro, suggesting pricing power is supported more by incomes and convenience than by scarcity.
The property’s 1992 vintage is slightly older than the neighborhood average construction year (1994). Investors should plan for routine capital items and consider targeted value-add to keep units competitive versus newer stock, particularly in kitchens, baths, and energy systems. Average unit sizes here are sizable for the market, which can aid lease retention when combined with prudent upgrades.
Demographic statistics are aggregated within a 3-mile radius and show population and household growth over the past five years, with additional increases forecast by 2028. Rising median incomes and an expanding family base point to a larger tenant pool over time, supporting occupancy stability and rent growth management.
Tenure patterns vary: within 3 miles, roughly one-quarter of housing units are renter-occupied, indicating a moderate renter concentration. For multifamily, this suggests a defined but not unlimited tenant base, where proximity to jobs and amenities, unit size, and renovation quality are key to capturing demand.
Safety indicators are mixed compared with both metro and national benchmarks. At the metro level, the neighborhood’s crime rank is below the median (183 out of 247), indicating higher reported crime relative to many Bakersfield neighborhoods. Nationally, overall safety sits below average (around the lower third), while violent-offense indicators are closer to the national midpoint, according to WDSuite’s data.
Year-over-year volatility appears elevated in recent estimates, so investors should review current police blotter trends and property-level security practices as part of due diligence. Practical measures such as lighting, access control, and resident engagement typically support retention and leasing stability in submarkets with mixed safety readings.
4101 Brittany St is a 72-unit, 1992-vintage multifamily asset positioned in a suburban Bakersfield neighborhood with competitive amenity access and incomes in a higher national bracket. Neighborhood occupancy near 90% and growing 3-mile population and household counts indicate a broadening tenant base that can support stable leasing and measured rent growth. The 1992 vintage suggests scope for selective value-add and capital planning to enhance positioning versus newer supply while leveraging the property’s larger average unit sizes.
Home values in the area are elevated relative to local incomes but not extreme, which tends to sustain rental demand without materially eroding the path to ownership. According to commercial real estate analysis from WDSuite, local rents track in an above-metro-median band while rent-to-income levels remain manageable, supporting retention. Key watch items include mixed safety readings and limited park/childcare amenities, which place greater emphasis on on-site offerings and operational execution.
- Stable neighborhood occupancy and growing 3-mile renter pool support leasing durability.
- 1992 vintage with value-add potential to compete against newer stock.
- Higher-income household profile underpins pricing power and retention.
- Larger average unit sizes enhance livability and renewal prospects.
- Risks: mixed safety rankings and limited parks/childcare require strong on-site experience and security focus.